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FUD

Bitcoin Market UpdateHello crypto crazies well bitcoin and all crypto has seen a huge sell off. The amount of FUD that is surrounding crypto is UNREAL. Dont rush to judgement just because you read an article dive into the topic and dont just trade on headlines. As we saw last night all the reporting coming out of South Korea turned out to be rushes to judgement. NOTHING is final the idea that they will ban crypto was the thought of ONE person in the entire South Korean government. Far from it becoming law. Bitcoin as at a critical juncture in time. ill be watching to see that the price doesnt close below the current trend line formed by the 50% fib level. if the price closes below this we should expect to see further downward movement to the next support at the SMA100. However if the price holds at the %50 fib we should be ready to see confirmations of a trend reversal. WATCH OUT FOR FUD!!!!!!!!!!!!!!!!!!!
COINBASE:BTCUSD
by LadenStanford
BTC "The King" May Correct Following Historical FUD Patterns...While everybody is sure that the bleeding has stopped following the FUD news in the media, I am taking a further look back in history where we have seen these cards play out before. Now, before you consider that I am hoping Bitcoin to fall, I simply am not. Bitcoin has had a MASSIVE bull run over the year, particularly in Dec-17, and there has been many "healthy corrections" that have followed - this isn't something new! Overall, I am very bullish that Bitcoin will reach ATH soon over this year and we have not entered a Bear Market. But, what I am speculating is that BTC has broken out of its uptrend channel and is looking rather fragile. At the same time, altcoin markets have had a lot of coin pumped into it, and there are very few undervalued cryptos out on the market IMO. So, with the fact that we are beginning to get alot of FUD news thrown the past week, along with today's bleed, I am looking at the 50, 100, and 200 Day Moving Averages to be sure (incase of a bad scenario). At the moment we are sitting on the 50 Day. Should there be more unwarranted news then I believe the 100 Day will be our most likely case, following a very quick bounce up. In a very unlikely case, the 200 Day perfectly aligns with the last dips we have had with the recent two cycles (shown in the blue trendline). Ultimately, I would see that it depends now whether we close the Day above or below the 50 Day. What are your thoughts? Are you bullish Bitcoin and Altcoins will continue to break new highs? Is there any FUD news you think could swing the price of Bitcoin? Are there more precise indicators that show bullish signals? Let me know in the comments below. PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice! SOURCE: www.reuters.com www.reuters.com www.reuters.com www.reuters.com Namaste!
BITSTAMP:BTCUSDShort
by Benjiman7953
1
BTCUSD - FUD and Panic!BITSTAMP:BTCUSD Time frame - 1D CALM YO TITS GUYS! IT IS NOT YET THE END! :-) First things first, it ALWAYS respects the 50 period moving average (yellow circles), so you can add that indicator to your charts. The price bounced off the strong confluence of fibonacci levels .382 and .236. FIBONACCI WORKS GUYS! Especially when they have confluence like this. Re-test of the .236 and .5 fib levels. If the price breaks through above that level, I'd say sky is the limit! BUT if it fails to do so, we might see it go down 12k-11k level before bouncing back again. The way I see it, the bears always lose the tug-of-war so we might see the rainbow again soon. GOOD LUCK TRADERS! ;-)
BITSTAMP:BTCUSD
by thebumtrader
(XRP.X) Ripple Based off of IMPULSE..50%+ gainer coming?Just an idea...I have another TA on ripple that you can check out on my page. This is the idea based on the facts of impulse, psychology, and human emotion. It's pretty straight forward, explaining that since the impulse acts in waves, we should be seeing a slow uptrend in ripple for the next couple of days. The highest point it could make is 28k sash, before it recorrects and then continues to trend up, which would change my target price for my other TA (~35k sash), but this one is a different type of TA that I don't normally do. I based this number off of using Fibonacci retracements, where the top of the trend was wave 5 and the bottom was wave C...this would be a good choice to dictate if that downtrend will continue, and it reversed and actually touched 1.61 very closely. I expect the same for this upcoming wave series. All ellipses on RSI are important points: end of wave 2, start of wave 3 (which I circled to compare with our current state) and then also the tops of wave 5. The forecast bars are based on a rough estimate, as I haven't used the best method to figure out how long a path may take, as both the first and second wave are a few bars close, about 12 hours, which could be an interesting number on its own. Nonetheless, we should be uptrending from here on out! This isn't my normal type of TA, but HEY: You have to continue to expand your knowledge and try to learn to become a better trader! Please, let me hear your comments and if you're more familiar with this type of technical analysis, let me hear your thoughts as to what you see may be true or not. I am IN ripple, bullish, and holding as I do believe it is on the trend of breaking out soon.
Long
by Eurocrem
What really happenedSome people already know this but I'm going to post this anyway cause I know ya'll curious why price is going down. So just moments ago tether announced they have lost 30 million usdt to external "hacker". Prior to this incident there were sources reporting Bitfinex got cut off by the banks and when their users requested withdrawl from the exchange, they couldn't pay them. So they allegedly used the printed tether to prop the prices of BTC to attract people into buying BTC and using the new deposits to pay for those withdrawls they couldn't earlier. I cannot say there is definite proof of this yet but this is the story out there in case people are curious. I also can't say this will have any impact on BTC but just a word of caution trade with what the market indicates don't FUD or FOMO. Trade safe!
BITSTAMP:BTCUSD
by Xamton
13
BTC: A Tug of War between FOMO or FUDTaking a step back sometimes is helpful to make sure that you are anticipating the crowd instead of become a part of it. BTC is holding the $7000 level SURPRISINGLY well and at this point it almost feels as though all TA is out the window. I keep asking myself is it on wave 3 or wave 5? Is BTC finding its top or getting ready to blast off? My guess is most traders out there (like me) are caught between FOMO and FUD and so I am sitting out of this one. I rode the bubble for a while but I'm opting to take the week off and remain for a return to sanity or just mean regression... whichever comes first. Here's a short term somewhat neutral and forecast based on the FOMO, FUD, and upcoming Fork. Play at your own risk...
BITMEX:BTCUSD.P
by myceliium
1
1 year BTC-USD Logarithmic Projections UP or DOWNIf Bitcoin continues to grow and succeed, it could push the higher limits of this graph and be close to $40+k by the end of 2018. Should it be doomed to a hard forking future of obsoleteness, see the lower projection headed to a lowly $34 before the year ends. We will all decide, or will we? Could the FUD/FOMO standoff cause the governments/banks/people/business to abandon the crypto godfather in favour of a new sleeker project without the heavy mining costs and Satoshi's golden chest? Time will tell...
BITFINEX:BTCUSD
by F1b3r
(PAY/BTC) MOOOOOON SHOT?If PAY breaks the resistance areas its Gona Goooo . But I believe we are still definitely a little weak and the bulls are warming up. PAY will Probably do a stair step pattern . PAY is still small enough to have some ridiculous pops of 15% right up to the next point of Resistance. When ever you get near all time lows In any market everyone is waiting for a confirmation to the upside to get back in, So the the Bounce back is exuberant. I will probably bring my stop losses up after every pop. Any time you Get kicked out of a trade you have already made Gains on take a Walk and Don't Hop back in immediately, You got Kicked for a Reason. If you get Back in take your profit and then some out of the trade. If Cryptos can jump 15% they can crash with just as much speed.
by albangasser
NEO Gann Fan Analysis - Breakout 9/1 or 9/2Prediction: NEO will break above 2/1 Gann Angle shortly (next few days), signaling trend reversal. . Bitcoin passing ATH's + Scared idiots taking their money out of NEO after the red-pulse news has caused a huge dip in NEO's price, but it's recovering very well. I've seen such heavy resistance to the FUD about Red-Pulse that we're going to reach $38-$40 and breakout soon. NEO community is such a strong, optimistic community that this FUD gets shut down quick.
Long
by removed
10
Just Having a FUD Laugh with $LTCJust having some fun in response to the "LiteCoin in the Final wave" post. I think it is always a good idea to step back and look at the big picture. Keep in mind that Litecoin has had this boom in large part because it's tied very strongly to Bitcoin charts, and bitcoin has also rocketed from 1200->2600 in the same timeframe. If Litecoin goes down, Bitcoin and all other crypto will go down too. So if this is the future, short everything ;) That said, I also have a strong feeling that the US economy is going to hit a low point soon, which would be great for Crypto. On big timelines like this, there are so many rumor, news, technology changes, etc, it's hard to only look at the TA with a straight face. Also, Litecoin has picked up serious momentum with Charlie Lee leaving Coinbase to focus on the Litecoin foundation, Litecoin being listed on new exchanges and supported by new platforms all the time. Interest is growing and so is regular new money coming into it. This seems an unlikely scenario to me--but what do I know, I've only been doing TA for 4 months. If in doubt, #HODL and come back next year--you'll be way happier not to stress about the "if" and "when" ;) Live strong and HODL long. tipping jars: ETH: 0xAA33bAe03131f3aa36e1de3e4bD53583c41F8d64 LTC: LeMkJv1Xoxnt2YvRgKkNZZJRgZYgGzcSyv BTC: 1CWDM7dYLoBwJyf2kbGANAmuySwFWC2NZu $LTC theme music: www.youtube.com $CRYPTO theme music: www.youtube.com Again, I'm not a financial/investment advisor, just having some fun and accumulating some crypto--so make decisions at your own risk :)
COINBASE:LTCUSDLong
by atomantic
8
BTCUSD: Maybe still sideways, back to support soonI'm holding my long term positions, I reduced my exposure lately, and will be looking to buy more BTC after this potential move down ends. Looks like we're about to witness a new wave of fundamental chaos, with talks about Bcoin, a new alternative to Core, which apparently some miners are looking to peddle, and which already received some positive talk from the usual suspects. I suppose some if not all miners benefit from maintaining the status quo, so they started falsely supporting protocol changes, which they will never back with hashrate, to avoid Segwit taking their mining efficiency tweaks. If that's the case, the market will remain sideways until these miners are exposed with sound evidence, or someone releases their hacks to improve mining efficiency covertly for instance. I'll focus on the long term, and hold my 2-month timeframe positions, but I'm out of daily trades. I did open a margin long in ETHBTC as a hedge, so, that should suffice for now. I'll update my clients once I think the bottom's in, and after any meaningful change in the analysis. For now, I'll keep my posts here to a minimum. I think I have proved Time at Mode's efficiency in this market sufficiently for now, together with Tim West's prior work on Bitcoin and ETH. If you have any questions, let me know in the comments section. Good luck! Ivan Labrie.
BITFINEX:BTCUSD
by IvanLabrie
9
The Bulls Still Control This MarketThis has been one crazy week to say the least. First we had the fear about Ghash.io was going to reach 51%. After that we saw the news about the SR coins being auctioned off. The latter was the true push the market needed to see us tumble. Even while Ghash.io reached 51% it was not news that I thought pushed us as deep as the new influx of coins going back into circulation. I talk more about the Silk Road auction and a bit more about 51% news @ www.allbitcointa.cu.cc For now here is an indicator overview: • Stoch + Stoch RSI – Over the course of this week both remained oversold • Aroon Oscillator – This is a new one that I made to show the difference between Aroon up and down. It is a simple indicator yet one that is useful. It can be tricky to see what Aroon is telling you at a glance. With this indicator you can see the crossovers happen whenever they cross the mid line of 0. With Aroon Oscillator (15) there are some ways to tell for reversals in the trend. Currently we hit above 90 and need to see below -90 to see the reversal into bear territory. We did not see that and Aroon is starting to regain. • PSAR – This has been getting close to switching over the past few days. Even a small move above 610 would cause it to start switching to BUY.
BITSTAMP:BTCUSDLong
by ItisCalvin
1